UK regulator scrutinises Rentokil's Cannon Hygiene buy

In the UK, the Competition and Markets Authority (CMA) has issued an initial enforcement order to Rentokil Initial in relation to its Cannon Hygiene acquisition in January.

Rentokil acquired Cannon from the OCS Group, having acquired Cannon Pest Control - which is not subject to the CMA investigation - in January 2017.

The CMA is a monopoly regulator and issued the enforcement order because it is looking to review the acquisition the its effect on competition after completion. This pauses further integration of the businesses.